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Author Topic: Bitcoin can do 30k$ this month?  (Read 1226 times)
yudi09
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April 07, 2023, 09:12:03 AM
 #161

So whats about you ? Bitcoin can pump 30k or down again 20K
At the close of March, March 31 to be exact, Bitcoin closed at $28,517.
Today the Bitcoin price at the time of writing is $27,830.46. Compared to the March closing price, the current price could still increase again in the following week of April if FUD and other things against Bitcoin are not strong.

There is an optimistic attitude that April which is still 7 days old will bring the $30K Bitcoin price level in 3 more weeks.

 
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April 07, 2023, 10:02:39 AM
 #162

So whats about you ? Bitcoin can pump 30k or down again 20K
At the close of March, March 31 to be exact, Bitcoin closed at $28,517.
Today the Bitcoin price at the time of writing is $27,830.46. Compared to the March closing price, the current price could still increase again in the following week of April if FUD and other things against Bitcoin are not strong.

There is an optimistic attitude that April which is still 7 days old will bring the $30K Bitcoin price level in 3 more weeks.

The chance for a $30,000 price in April looks good. However, at the start of the month, it seems that we are just trading sideways, and the current price is below $28,000, for as high as $28,500 several days ago.

One reason is that maybe the bulls are somewhat tired and exhausted pushing for the price again. Or there could be some news, (I haven't check), that might affect the price short term, hence a small correction in the last 24 hours. But definitely, if everything goes positive this month, we might see that $30,000 and we could see FOMO once more.

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Grim_Fandango
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April 07, 2023, 10:20:20 AM
 #163


One reason is that maybe the bulls are somewhat tired and exhausted pushing for the price again. Or there could be some news, (I haven't check), that might affect the price short term, hence a small correction in the last 24 hours. But definitely, if everything goes positive this month, we might see that $30,000 and we could see FOMO once more.

Or maybe they are just using this time to accumulate more before they continue with upward trend. Whether Bitcoin reaches 30k in a week or in a month is not so important i think, what  is importnat is trend and i think that we bitcoin might surprise us this year.

I dont expect new all time high or anything like that, but i wouldnt be surprised if we come close to 40k before summer, or maybe even more.
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April 07, 2023, 12:25:29 PM
 #164

So whats about you ? Bitcoin can pump 30k or down again 20K
At the close of March, March 31 to be exact, Bitcoin closed at $28,517.
Today the Bitcoin price at the time of writing is $27,830.46. Compared to the March closing price, the current price could still increase again in the following week of April if FUD and other things against Bitcoin are not strong.

There is an optimistic attitude that April which is still 7 days old will bring the $30K Bitcoin price level in 3 more weeks.

There is no exact prediction for bitcoin, all we can do is hope our prediction is correct. Bitcoin could also continue its uptrend and break through $30k or return to $20k, who knows? For me, I don't really care if the bitcoin price hits $30k in April or May because I'm sure that sooner or later, bitcoin will recover and hit new ATHs. Bitcoin rally above $30k this year is also not in my favor, so I don't have high expectations. What I care about is how many bitcoins I will get.

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April 07, 2023, 12:41:34 PM
 #165

March has passed and Bitcoins almost touched 30k usd. It went till 29,400$ and then again the resistance pulled it back. This month, it’s very likely that Bitcoins will touch this price. Bitcoins are revolving around 28k usd price from the past week, so yes we need to increase the demand, in order to see a push in the price. But currently people are showing interest in other alts rather than Bitcoins. This might be one of the major reason for which Bitcoins are struggling so much here in the price point. Let’s see how April turns Bitcoin’s future.

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April 07, 2023, 02:06:23 PM
 #166

Or maybe they are just using this time to accumulate more before they continue with upward trend. Whether Bitcoin reaches 30k in a week or in a month is not so important i think, what  is importnat is trend and i think that we bitcoin might surprise us this year.
Some people are still taking advantage of the present moment to collect more Bitcoin before the next upward trend occurs because there are still many people who believe that the potential for Bitcoin to increase again to over $30K is still there. But apart from all that, everyone must also realize that the potential for a sudden correction can still occur so that everyone still has to be careful when buying, although for now it is still good to buy more.

Quote
I dont expect new all time high or anything like that, but i wouldnt be surprised if we come close to 40k before summer, or maybe even more.
It's still too big to expect a new all-time high as Bitcoin is still under $30K right now so everyone just needs to look at a more logical price before getting their hopes up too high anytime soon. I think a price below $40K is still quite logical to expect even though it still looks hard to achieve in the near future by Bitcoin, but that doesn't mean it will be forever difficult for Bitcoin
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April 07, 2023, 02:37:33 PM
 #167

March has passed and Bitcoins almost touched 30k usd. It went till 29,400$ and then again the resistance pulled it back. This month, it’s very likely that Bitcoins will touch this price. Bitcoins are revolving around 28k usd price from the past week, so yes we need to increase the demand, in order to see a push in the price. But currently people are showing interest in other alts rather than Bitcoins. This might be one of the major reason for which Bitcoins are struggling so much here in the price point. Let’s see how April turns Bitcoin’s future.
It's like other news situations also affect bitcoin but at the moment it's still not strong enough to break its resistance, and usually a new month or what we say april will be a strong push thing for bitcoin to be able to come back at a new level of $30,000 I know this is a little bit more but it's true it was indeed hard for bitcoin in march last while the hope in the current month is of course far more than the previous one.

Who says people are interested in altcoins if they already know there will be an altcoin season? I don't think so, in fact bitcoin is still the benchmark where other prices will follow it's just that some people still believe too much in altcoins rather than bitcoin which will be the main movement later.

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April 07, 2023, 03:37:28 PM
 #168


It's still too big to expect a new all-time high as Bitcoin is still under $30K right now so everyone just needs to look at a more logical price before getting their hopes up too high anytime soon. I think a price below $40K is still quite logical to expect even though it still looks hard to achieve in the near future by Bitcoin, but that doesn't mean it will be forever difficult for Bitcoin

You are correct that it is too early to expect new ATH of Bitcoin at this time, asit is still facing challenges to break $30,000 level which appears to be a major physiological barrier, and new FUD of Binance Australia where all future contracts of Binance accounts holders were cancelled, caused negative market sentiment and Bitcoin fell below but $28,000 mark. Today it rebounded & trading above 28,000, the low trading volume suggest that  bearish reversal is possible in coming days.

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April 07, 2023, 08:43:58 PM
 #169

-snip-
One reason is that maybe the bulls are somewhat tired and exhausted pushing for the price again. Or there could be some news, (I haven't check), that might affect the price short term, hence a small correction in the last 24 hours. But definitely, if everything goes positive this month, we might see that $30,000 and we could see FOMO once more.
A positive trend to reach the price level up to $30K we will see although the bulls looked a bit exhausted pushing it today from $28K down a bit then back up to $28K in a matter of 24 hours.
From some of the cointelegraph analysis that I read today about Bitcoin, it is enough to give me a sense of confidence.

-snip-
For me, I don't really care if the bitcoin price hits $30k in April or May because I'm sure that sooner or later, bitcoin will recover and hit new ATHs. Bitcoin rally above $30k this year is also not in my favor, so I don't have high expectations. What I care about is how many bitcoins I will get.
Maybe the difference lies there. Those of us who choose to invest and not trade in Bitcoin will say that it doesn't matter what the current price of Bitcoin is, this month and next month, but I don't think it's wrong if we look for information about market price developments, considering that every long-term investment activity also has a target what we want to achieve.

 
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April 07, 2023, 08:47:39 PM
 #170

You are correct that it is too early to expect new ATH of Bitcoin at this time, asit is still facing challenges to break $30,000 level which appears to be a major physiological barrier, and new FUD of Binance Australia where all future contracts of Binance accounts holders were cancelled, caused negative market sentiment and Bitcoin fell below but $28,000 mark. Today it rebounded & trading above 28,000, the low trading volume suggest that  bearish reversal is possible in coming days.
There has been a lot of challenges to pass $30k since last month, a lot of FUD news has prevented the price from increasing this month but we don't care about the news because we are optimistic that the next recovery will reach $30k, we just have to wait though there is some potential another correction will happen but we will increase the BTC assets if the price will fall below $20k again, we have prepared additional assets to increase the assets in the portfolio if the bitcoin price will decrease in the following months.
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April 07, 2023, 09:09:13 PM
 #171

There is an optimistic attitude that April which is still 7 days old will bring the $30K Bitcoin price level in 3 more weeks.
I love this tweet, it can keep my interest in bitcoin all the time. Yes it is an analysis and also an assumption, but after all things like this tend to make optimism always good.

Source: https://twitter.com/100trillionUSD/status/1643939415985729539?cxt=HHwWhsC9oYuMudAtAAAA


Quote
I guess this color scheme is better because it aligns with green&red candles in #Bitcoin bull&bear markets?

🔵 stage 1: early bull <- we are here
🟢 stage 2: late bull
🟡 stage 3: early bear
🔴 stage 4: late bear
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April 07, 2023, 09:59:24 PM
 #172

You are correct that it is too early to expect new ATH of Bitcoin at this time, asit is still facing challenges to break $30,000 level which appears to be a major physiological barrier, and new FUD of Binance Australia where all future contracts of Binance accounts holders were cancelled, caused negative market sentiment and Bitcoin fell below but $28,000 mark. Today it rebounded & trading above 28,000, the low trading volume suggest that  bearish reversal is possible in coming days.
There has been a lot of challenges to pass $30k since last month, a lot of FUD news has prevented the price from increasing this month but we don't care about the news because we are optimistic that the next recovery will reach $30k, we just have to wait though there is some potential another correction will happen but we will increase the BTC assets if the price will fall below $20k again, we have prepared additional assets to increase the assets in the portfolio if the bitcoin price will decrease in the following months.
There is nothing to do but wait but the hope of $30k for the end of the month when looking at the movement of btc in the last few weeks as well as the condition that it is still the first week of April of course the hope is still there.
Even if it's like that, do they hit $30k or come back down I think it does for me personally it still doesn't matter much for this because like you said $30k could still be a good thing but if it does eventually we look back at my drop I don't think it's too much of a problem actually this can be used as a square off for us to increase the load and I'm actually still quite happy that their price is not at $ 30k at the moment even though it's almost close because I can still add more and more to fatten up the existing portfolio i have.

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April 08, 2023, 04:55:44 PM
 #173

There is an optimistic attitude that April which is still 7 days old will bring the $30K Bitcoin price level in 3 more weeks.
I love this tweet, it can keep my interest in bitcoin all the time. Yes it is an analysis and also an assumption, but after all things like this tend to make optimism always good.

Source: https://twitter.com/100trillionUSD/status/1643939415985729539?cxt=HHwWhsC9oYuMudAtAAAA


Quote
I guess this color scheme is better because it aligns with green&red candles in #Bitcoin bull&bear markets?

🔵 stage 1: early bull <- we are here
🟢 stage 2: late bull
🟡 stage 3: early bear
🔴 stage 4: late bear
Really close to the price journey so far. Even though it's just an analysis and assumption, the stages of Bitcoin that are displayed show how we are now preparing to be in the green dot. Hold on and maybe the blue dots will continue for some time to come.

 
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April 09, 2023, 12:30:59 AM
 #174


It's still too big to expect a new all-time high as Bitcoin is still under $30K right now so everyone just needs to look at a more logical price before getting their hopes up too high anytime soon. I think a price below $40K is still quite logical to expect even though it still looks hard to achieve in the near future by Bitcoin, but that doesn't mean it will be forever difficult for Bitcoin

You are correct that it is too early to expect new ATH of Bitcoin at this time, asit is still facing challenges to break $30,000 level which appears to be a major physiological barrier, and new FUD of Binance Australia where all future contracts of Binance accounts holders were cancelled, caused negative market sentiment and Bitcoin fell below but $28,000 mark. Today it rebounded & trading above 28,000, the low trading volume suggest that  bearish reversal is possible in coming days.

We are still in the bear market, the price hasn't move this week and we have a minor correction. So there are a lot of in front of us, the big big challenge is to break $30k which appears to be very difficult as this point because just like any other round numbers, it's a bigger psychological barrier.

The low volume though might indicate that the bull have slowed down in their purchasing power.

And as we enter the second week, it might be the same, sideways unless there is a break out run and that we will gather momentum leading to that $30k barrier.

 
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April 09, 2023, 07:03:57 AM
 #175

You are correct that it is too early to expect new ATH of Bitcoin at this time, asit is still facing challenges to break $30,000 level which appears to be a major physiological barrier, and new FUD of Binance Australia where all future contracts of Binance accounts holders were cancelled, caused negative market sentiment and Bitcoin fell below but $28,000 mark. Today it rebounded & trading above 28,000, the low trading volume suggest that  bearish reversal is possible in coming days.

Last month was very bullish for Bitcoin but still Bitcoin couldn't cross $30k after getting close to doing that severally, I doubt this month to be very bullish for Bitcoin as last month was. We have barely passed the first week of the month and already negative news like this are coming out, we might as well expecting major corrections to follow considering all the fud surrounding Binance lately.

I was thinking of opening a short position but just waiting on this new week we're now entering to close so I can confirm if a correction is on the way. I don't wish Bitcoin price to fall but that's inevitable considering all the profits we made last month and we're still in a bear market.

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April 09, 2023, 03:17:11 PM
 #176

In my opinion, Q2 Bitcoin is indeed bullish, but I am still pessimistic that in April the price of bitcoin will be able to $ 30k or even more,
because we know that April is Eid Mubarak for Muslims, and according to history, the price of Bitcoin always falls when it comes ,
then this is my opinion about Bitcoin, and my advice is to buy it when the Bitcoin dump price arrives.
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April 09, 2023, 04:04:54 PM
 #177

...
I don't wish Bitcoin price to fall but that's inevitable considering all the profits we made last month and we're still in a bear market.

Why don't you want bitcoin to drop? Don't want to buy bitcoin at a low price? Buy low and sell high is what everyone wants. On the contrary, I am expecting it to happen, and it will be great for bitcoin to drop below 25k, that will be fun for me. Bitcoin price increase is only beneficial when our pocket is full of bitcoins, and if you don't have bitcoins, the price increase is useless. I've never been afraid of bitcoin falling because I know it can't go down forever so I always look forward to it and make the most of it when it falls.

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April 10, 2023, 06:22:04 AM
 #178

In my opinion, Q2 Bitcoin is indeed bullish, but I am still pessimistic that in April the price of bitcoin will be able to $ 30k or even more,
because we know that April is Eid Mubarak for Muslims, and according to history, the price of Bitcoin always falls when it comes ,
then this is my opinion about Bitcoin, and my advice is to buy it when the Bitcoin dump price arrives.
right now it's still sitting around $28K and there doesn't seem to be any move to move up any further, so I'm as doubtful as you are that bitcoin will be able to reach over $30K this April. It must also be remembered that the world economic market situation has not yet recovered, because signs of improvement have not been proven and seen in every developing country to date. it is true that this is the right time to continue buying and holding it until the halving period will come in 2024.

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April 10, 2023, 04:19:46 PM
 #179

Sometimes prediction become wrong and there is not a single person who knows well about future price but as you mentioned about the month of march so this month has over and we don't see any rise which lead to 30k$ price and now it is approximately 28k$.

The future is unpredictable and if more and more people buy bitcoin then their will be a great impact on its price and also a halving will maximize the price but halving will be occur in 2024. In previous month we didn't see any greater reduction in cost but actually we see was the elevated cost more than 28k$ but has not reached to 30k$ yet.



 

 

 

 

 

 


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April 10, 2023, 08:29:42 PM
 #180

We are still at the middle of the months of april and btc is already 28k$ so it is possible or it has a big possibility that it will go 30k$ price because we are almost there 28k$ is not too far from 30k and we start the year with a good market so maybe we are not far from bull run season.

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